45,000 SF Value-Add Industrial ->
250,000 SF Ground-Up Life Science Development
- Acquired December 2017.
- 2-story existing building was acquired in off-market sale from the Henkel Corporation who occupied the former foundry for warehouse uses over last 50+ years. Henkel vacated upon close of escrow. Short-term industrial uses have occupied the building since Henkel vacated.
- The business plan has pivoted to build a brand new best in class life science building with above grade parking garage on the site. Project entitlements were received in September 2022 for approximately 250,000 square feet with 325 parking stalls.
- With unobstructed SF Bay views, outdoor rooftop space at every level and ample onsite parking, Grayson will provide an incredible opportunity to future life science users to attract the workforce required to build the technologies of tomorrow.
- Located in West Berkeley with close proximity to the Berkeley Bowl and surrounding Fourth Street retail amenities.